Demand for plastic packaging soars amid global economic recovery


PLASTIC packaging manufacturers have on the whole seen stronger performance as evident in their latest financial results, as demand for plastic packaging ballooned in export markets amid the global economic recovery since the second half of last year.

Scientex Bhd, one of the top three stretch film players globally, achieved a net profit of RM99.6mil for the nine-month period up to end-April.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

ACE Market-bound Sin-Kung targets RM26mil in proceeds from IPO
Smart Asia to issue 93.5mil shares, en route to ACE Market listing
Matrade to organise halal showcase in Dubai
Feytech inks underwriting deal with TA Securities, AmInvestment Bank
Ringgit extends gains to open higher against US$
Loan applications for property take a breather in Feb
Upsides on Bursa capped by negative global sentiment
Trading ideas: Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force
Keyfield FY23 earnings rise to RM105.5mil
Reservoir Link sub-unit bags RM22mil job

Others Also Read